In the event that (1) the shares of the Guarantor cease to be listed or admitted to trading on the SGX-ST or (2) trading in the shares of the Guarantor on the SGX-ST is suspended for a continuous period of more than 10 consecutive trading days, the Issuer shall, at the option of the holder of any Note, redeem such Note at its Redemption Amount, together with interest accrued to the date fixed for redemption, on the date falling 60 days after (in the case of (1)) the date of cessation of listing or admission to trading or (in the case of (2)) the business day immediately following the expiry of such continuous period of 10 consecutive trading days (in either case, the “Effective Date”). The Issuer and the Guarantor shall within seven days after the Effective Date, give notice to the Trustee, the Principal Paying Agent and the Noteholders of the occurrence of the event specified in this Condition 5(e)(ii) (provided that there is no prejudice to any Noteholder of such option in the event of any failure of the Issuer to give such notice). To exercise such option, the holder must deposit such Note (together with all unmatured Coupons) with the Principal Paying Agent at its specified office, together with a duly completed option exercise notice in the form obtainable from the Principal Paying Agent or the Issuer (as applicable), not later than 45 days after the Effective Date. Any Note so deposited may not be withdrawn (except as provided in the Agency Agreement) without the prior consent of the Issuer.

For the purposes of these Conditions, “trading day” means a day on which the SGX-ST is open for securities trading.